Common use of Benefit Date Clause in Contracts

Benefit Date. For the purpose of step advancements, sick and vacation leave accrual; the benefit date is defined as follows for each employee: a) If the first working day of the pay period was worked, then the benefit date will be the first day of that pay period. b) If the employee started any time after the first working day of the pay period, then the benefit date will be the first day of the following pay period. c) The benefit date of an employee who is absent without pay may be adjusted accordingly.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!